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June 21, 2023
Against the current: Markets slid, yet Valmont Industries, Inc., TuSimple Holdings Inc., Louisiana-Pacific Corporation went up and made this list of today's top industrials stocks gainers.
Leading equity indices in the US declined as Nasdaq closed at 13,500, a 1.21% change. S&P 500 slipped 0.52% and closed at 4,365.69.
While price action maintains a negative bias, United States Building Permits (May) released yesterday at 12:30 UTC with a figure of 1.49 million, while the previous figure was 1.15 million.
Even though markets fell today, some industrials stocks were bullish. Have a look at these Top Gainers from today's session:
+5.24%: solid session for TuSimple Holdings generates 5.24% gain today
TuSimple Holdings Inc. rallied 11 cents (5.24%) deep into the session, reaching $2.21. Currently, the self-driving technology developer has a market capitalization of $498.81 million with an average daily trading volume of 3.15 million shares. So far this year, it has been outperforming the Nasdaq by 11.48%.
TuSimple Holdings is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is 0.56 and the consensus revenue estimate is $2.27 million.
+4.05%: risk-on sentiment allowed LP to post 4.05% gain today
Having closed yesterday at $65.41, bullish sentiment helped LP to reach highs around $68.25 before paring gains and ending today at $68.06. The US building company's market cap currently stands at $4.90 billion with an average daily volume of 644,934 shares.
Valmont Industries | Up 5.58% to $299.56 today
The linear irrigation equipment maker topped out at $302.34 having ended today at $299.56. However, despite early momentum, the stock gave up its gains to now trade at $299.56.
